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Highest-ever count of 1 85 lakh new companies incorporated in FY24

Highest-ever count of 1 85 lakh new companies incorporated in FY24
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IBC amendments to be pursued by new govt after Lok Sabha elections

The list of amendments proposed includes ‘pre-packaged’ insolvency for larger firms in the future and a separate framework for real estate insolvency.

Auditing the auditors: When it comes to reporting corporate fraud where does the buck actually stop?

regulatory framework: Govt-appointed panel may look at having more rigorous regulatory framework for unlisted cos

The Indian government is considering implementing a more rigorous regulatory framework for unlisted companies, including large startups. The Corporate Affairs Ministry plans to introduce stricter norms, with the possibility of discussing more rigorous regulations for unlisted companies, especially large ones and big startups. The panel will examine various regulatory aspects, including corporate governance, while also aiming to promote ease of doing business.

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